Prabhat Dairy
Food
CCI approves Tirumala Milk Products’ acquisition of Sunfresh Agro Industries, Prabhat’s dairy biz
The Competition Commission of India (CCI) Tuesday said it has given nod to Tirumala Milk Products to acquire Prabhat Dairy's subsidiary Sunfresh Agro Industries as well as the company's dairy business.
In a tweet, the fair trade regulator said CCI...
Food
French firm Groupe Lactalis’ Indian unit to buy Prabhat Dairy for Rs 1,700 crore
Prabhat Dairy on Monday said it will be selling its flagship dairy business for Rs 1,700 crore to French multinational Groupe Lactalis.
In an official statement released here, Prabhat said it will be sharing a "substantial proportion" of the sale...
Retail
Retail industry reacts to the Union Budget 2018
In his last full budget before general elections in 2019, Finance Minister Arun Jaitley reduced corporate tax for 99 percent of the companies to 25 percent.
In keeping with his earlier announcement of reducing corporate taxation rate to 25 per...
Food
Prabhat Dairy targets Rs 2,000 revenue by FY 2019-20
Prabhat Dairy is targeting Rs 2,000 crore revenue by the financial year 2019-20, by enhancing its consumer segment to 50 per cent of the total business.
"In FY17, we had posted Rs 1,409.87 crore revenue, with 70 per cent of...
Food
Prabhat Dairy to strengthen international presence; to introduce products in Gulf region
Private dairy Prabhat Dairy is planning to strengthen its international presence with a range of premium cheese and other milk products for the Gulf region.
For a vast customer base in the Gulf region and other markets, the company will...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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